Hi, These detailed changes are very important for a lot of people. They would leave the market as a much more transparent way to invest as there would be less reliance on rumour surrounding primarily short interest and synthetic shares. The companies involved in these large amounts of share borrowing would be much more open to legal action as illegal activity would be more obvious. These changes would do nothing but good, allowing retail investors to get a broader knowledge of their investment targets before entering any positions.

Hello i would just like to comment on how unfair it is to individual investors that market makers and hedge funds can route trades through the dark pools as they see fit with no oversight. I would suggest that you eliminate dark pools and make the fines greater than the profit hedge made from the illegal the illegal trading activity. Jail time is needed for market manipulation and short positions should be forcibly closed out if illegal market manipulation is found and trading rights of those involved should be revoked.

My comment on the rules is to actually enforce them. Honestly, take a look at obvious naked short selling and market manipulation. We the people have lost trust in a "free" market.

SUBJECT LINE: Regulatory Notice 21-19 To Whom it May Concern, In a fair and open market there should be transparency and a level playing field for all investors. Right now, there is a massive deficit in access to information, trade speed, preferential terms and types of trades, and pay-to-play investing that heavily favors institutional investors over retail investors. Additionally, institutional investors engage in relationship-based, illegal, or near-illegal activity on a daily basis that give them an outsized influence on the market.